First of all, they are not a bank in the capacity you speak. They are also not federally insured and so not subject to FDIC requirements. I think that's been made clear.
So your premise is that PBC is operating in the shadows, illegally, and it's just a matter of time before the feds find out about them and shut it down? That is highly improbable given GRN's high profile and the length of time they've been in business. And do you think their business partners never did any DD on them before making PBC their preferred merchant service provider? Not to mention the multiple alleged attempts by members to alert the feds to JC's supposed shenanigans. I mean, come on. Why are we trying to make this something it's not?